2,579 SqFt
2,579 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,579 sqft
Price per Sqft $155
Subdivision Station North Arts District
MLS Listing ID MDBA2188344
Style Converted Dwelling
Abv Grd Liv Area 2,579
Year Built 1917
Annual Tax Amount $6,608
Tax Year 2025
Lot Size 1,710 Sqft
Acres 0.04
Lot Dimensions 18' x 95'
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Own this 3-unit home in Station North, one of Baltimore's most creative and connected neighborhoods, and let your tenants help pay the mortgage. With 20% down, your share of the monthly payment (PITI) is only $36. Even with just 3.5% down, it's about $775/month after rent income—less than renting one of these apartments!
Includes one 2-bedroom, 1.5-bath unit and two 1-bedroom, 1-bath units, each with updated kitchens, dishwashers, and in-unit laundry. The finished basement with 8'2" ceilings adds two extra bedrooms and flexible living space. All tenants are month-to-month, so a buyer can choose which apartment to occupy.
This all-electric building keeps expenses simple, with tenants paying their own utilities. A full sprinkler system adds safety and a water bill-back system could boost cash flow.
Located just a 10-minute walk to Penn Station, steps from Guilford Hall Brewery, and close to neighborhood cafés, galleries, and live-music venues, this property puts you in the heart of a thriving arts community. New townhomes nearby are leasing for $3,350–$3,500/month, showing strong investment and continued growth in the area.
Investor Summary
Offered at $400,000, this licensed 3-unit building is priced at $133.333 per apartment and $155 per square foot. With strong rental demand in Station North and nearby new construction leasing between $3,350–$3,500/month, this property provides both immediate income and value-add potential. Tenants are on month-to-month leases, giving investors flexibility to adjust rents, renovate, or re-tenant for higher returns.
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Inclusions 3 refrigerators, 3 electric ranges, 3 dishwashers, 3 garbage disposals, 3 stacked washers and dryers
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Foundation Block
Above Ground Finished SqFt 2579
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0312111103 017
Ownership Fee Simple
SqFt Source 2579
Special Listing Condition Standard
